BusinessObjects Dashboard Builder allows organizations to build custom BOBJ - Dashboard and Analytics that meet their specific requirements. It consists of a dashboard builder and a catalog of analytic templates.
This information can easily be delivered to dashboard interfaces for a rapid understanding of the status of the business.
From SAP BO - InfoView, Dashboard and Anaytics > Dashboard Builder
To schedule in Dashboard Builder means to execute an action at a pre-defined time. You can schedule the refresh of analytic data to avoid using resources during peak working hours.